Digital Transformation in Logistics
In just a few months’ time, the COVID-19 crisis has brought about years of change in the way companies in all sectors and regions do business. According to a new McKinsey Global Survey of executives,1 their companies have accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years. And the share of digital or digitally enabled products in their portfolios has accelerated by a shocking seven years.2 Nearly all respondents say that their companies have stood up at least temporary solutions to meet many of the new demands on them, and much more quickly than they had thought possible before the crisis. What’s more, respondents expect most of these changes to be long lasting and are already making the kinds of investments that all but ensure they will stick. In fact, when we asked executives about the impact of the crisis on a range of measures, they say that funding for digital initiatives has increased more than anything else—more than increases in costs, the number of people in technology roles, and the number of customers. Technavio has been monitoring the cross-border e-commerce logistics market and it is poised to grow by USD 30.79 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. To stay competitive in this new business and economic environment requires new strategies and practices. Third party logistics (3PL) refers to the outsourcing of supply chain management process, starting from managing warehouse, inventory management to delivery of the shipment. Integration of supply chain management with inventory management and transportation service is termed as 3pl.
The customer- Yobel SCM
Yobel SCM is a leading company in the Latin American region, with more than 50 years of experience offering the Supply Chain Management service. We offer comprehensive and personalized solutions according to the needs of our clients, in our extensive knowledge of the various sectors in which we are present. Hand in hand with our experts we design, plan, implement, control and improve in an efficient and economical way the flow and storage of raw materials, inventories in process and finished products, from the point of origin to the point of consumption. We have the highest technology in warehouse management systems (WMS) for greater efficiency in logistics management, improving operational indicators and refining the traceability of products. We developed a product and have our inhouse intelligent cloud-based logistics solution “Exo ”. Here we showcase 2 success stories that demonstrate the advantages of collaboration with offshore embedded software engineers.
A Mobility Shift for Smarter Business
Today, in the midst of the quickening innovation advancements and digitization, proficiency, speed, enhancement, and timing have turned out to be basic parts of an effective coordination business. It is versatility that enables coordination experts to get to critical data or information, wherever they are, at whatever point they need. This upgrades the profitability of specialists, enabling them to accomplish more work in lesser time, and hence be more productive.
Solution- 3PLs
To compete with the challenges in supply chain process, third party logistics helps as it facilitates inventory management, warehouse management, transportation and all other aspects of logistics. Encoding Enhancers, is a prominent software company with proven track record of International deliveries backed by 2 decades of technology experience in providing Full-Scale Product Engineering Services across End-to-End Systems Design, Software Development, QA & DevOps thus delivering superior quality ensuring utmost customer satisfaction. We are a technology driven company with a wide-ranging skill set and experienced engineers in the field of Embedded/IoT Product development, Robotic Process Automation, Digital Transformation and Cloud/DevOps Engineering. We have delivered multiple projects and having expertise in the following technologies and provide custom based "Digital Transformation" services with quick turnaround time: 1. Front end engineering – React, Angular, HTML, Polymer, CSS, Electron, PHP, Vue.js 2. Backend Engineering- Java, Node, Python, .NET 3. Databases- MongoDB, Postgre SQL, Cassandra, Neo4j, CouchDB 4. Cloud and DevOps 5. Data and Analytics 6. Mobile Application Development- Android, iOS, Ionic, Flutter, React Native, Native Script